Do you remember way back when Obama said that “It is essential that we learn the lessons from this crisis so we don’t doom ourselves to repeat it?” when talking about the debt and deficit… and then went on to make all of those things worse?
Maybe you’ll recall Nancy Pelosi saying “Read my lips: Pay as you go – no new deficit spending!” Only to later pass Obamacare through the House and increase spending to appalling levels?
You can’t forget Vice President Joe Biden declaring that, ”we gotta go spend money to keep from going bankrupt.” He was put in charge of the stimulus failure, but we’re even closer to bankruptcy than before.
All of this led up to today’s big Obama speech in which he outlined how he planned to cut spending and reduce the deficit by demagoguery and fear-mongering, while never even saying the word ‘entitlements.’ Democrats are ignoring the 800 pound gorilla in the room, even as it looms over their shoulder: debt. Plain and simple. It will suck us dry.